House passes Financial Innovation and Technology for the 21st Century Act | A&O Shearman jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
On July 26, 2023, the U.S. Securities and Exchange Commission (SEC) adopted final rules requiring U.S. public companies to disclose material cybersecurity incidents on Form 8-K.
The chasm between the US crypto industry and the SEC has never been so wide.
After years of mutual accusations, it looks like both sides have reached the point of no return. SEC Chair Gary Gensler, who spent over 5 hours on Tuesday testifying before the House Financial Services Committee, once again refused crypto firms' demands for clear guidance and insisted that they must comply with the existing securities law. | 10:50am